Latest / Omni Talk Retail / Interactive Shopping: How Instacart is Changing the Game with Smart Carts
Transcript
- 0:00Instacart
- 0:01has
- 0:01added
- 0:01games
- 0:02and
- 0:02personalized
- 0:02coupons
- 0:03to
- 0:04its
- 0:04smart
- 0:04cards.
- 0:05Do
- 0:05you
- 0:05think
- 0:06the
- 0:06Instacart
- 0:06people
- 0:06can
- 0:07hear
- 0:07us
- 0:07over
- 0:07there?
- 0:07I
- 0:08think
- 0:08they
- 0:08can.
- 0:08I
- 0:09think
- 0:09they
- 0:09can.
- 0:09I
- 0:09think
- 0:09they
- 0:09should.
- 0:10Come
- 0:10on
- 0:10over.
- 0:10We're
- 0:10talking
- 0:11about
- 0:11you,
- 0:11Instacart.
- 0:12Come
- 0:12on
- 0:12over
- 0:12because
- 0:13we're
- 0:13gonna
- 0:13tell
- 0:13it
- 0:13like
- 0:13it
- 0:14is.
- 0:14All
- 0:14right.
- 0:14According
- 0:15to
- 0:15Grocery
- 0:15Dive,
- 0:16Instacart
- 0:16announced
- 0:17Monday
- 0:17three
- 0:18new
- 0:18capabilities
- 0:18for
- 0:19its
- 0:19tech
- 0:19integrated
- 0:20shopping
- 0:20carts.
- 0:21And
- 0:21are
- 0:21you
- 0:21ready?
- 0:22One,
- 0:22gamification.
- 0:23Yes.
- 0:24Two,
- 0:24location
- 0:25based
- 0:25coupons.
- 0:26I
- 0:26like
- 0:26coupons.
- 0:27And
- 0:27three,
- 0:28quote,
- 0:28aisle
- 0:29aware
- 0:30advertising
- 0:30format.
- 0:31With
- 0:32the
- 0:32new
- 0:32features,
- 0:32customers
- 0:33can
- 0:33embark
- 0:33on
- 0:34interactive,
- 0:34quote,
- 0:35gamified
- 0:36quests
- 0:37that
- 0:37Instacart
- 0:37says
- 0:38will
- 0:38make
- 0:38grocery
- 0:38shopping
- 0:39feel
- 0:40like
- 0:40an
- 0:40adventure.
- 0:41Yeah,
- 0:41I
- 0:41can't
- 0:42wait
- 0:42for
- 0:42that.
- 0:42And
- 0:43yes,
- 0:44this
- 0:44is
- 0:44also
- 0:44our
- 0:45put
- 0:45you
- 0:45on
- 0:45the
- 0:45spot
- 0:46question
- 0:46of
- 0:46the
- 0:47week,
- 0:47which
- 0:47for
- 0:47those
- 0:47of
- 0:47you
- 0:47who
- 0:47have
- 0:48not
- 0:48heard
- 0:48our
- 0:48podcast,
- 0:49is
- 0:49the
- 0:49question
- 0:49that
- 0:50we
- 0:50get
- 0:50on
- 0:51the
- 0:51spot
- 0:51from
- 0:51the
- 0:51A
- 0:52and
- 0:52M
- 0:52consumer
- 0:52and
- 0:52retail
- 0:53group
- 0:53each
- 0:53and
- 0:53every
- 0:54week.
- 0:54And
- 0:54here
- 0:55it
- 0:55is.
- 0:56This
- 0:56week
- 0:57you
- 0:57interviewed
- 0:58Instacart's
- 0:59chief
- 0:59connected
- 1:00stores
- 1:00officer
- 1:01at
- 1:01grocery
- 1:01shop,
- 1:01Mister
- 1:02David
- 1:02McIntosh.
- 1:03We
- 1:03did.
- 1:03And
- 1:04discussed
- 1:04these
- 1:04enhancements
- 1:05from
- 1:06that
- 1:06conversation.
- 1:07Do
- 1:07you
- 1:07believe
- 1:08that
- 1:08Capercart's
- 1:09gamification
- 1:10is
- 1:10an
- 1:10effective
- 1:11way
- 1:11to
- 1:11get
- 1:11consumers
- 1:12over
- 1:12the
- 1:12hump
- 1:13of
- 1:13using
- 1:13smart
- 1:13carts?
- 1:14And
- 1:15can
- 1:15they
- 1:15truly,
- 1:16joyfully
- 1:17enhance
- 1:17two
- 1:18adverbs,
- 1:18truly,
- 1:19joyfully
- 1:19enhancement
- 1:20the
- 1:20standard
- 1:20grocery
- 1:21trip,
- 1:21which
- 1:21has
- 1:22been
- 1:22historically
- 1:22thought
- 1:23of
- 1:23as
- 1:23mundane
- 1:24and
- 1:24one
- 1:24to
- 1:24get
- 1:25through
- 1:25as
- 1:25quickly
- 1:26as
- 1:26possible?
- 1:27Okay,
- 1:28so
- 1:28this
- 1:28is
- 1:28a
- 1:29very
- 1:30multi
- 1:30part
- 1:31question
- 1:31here,
- 1:31so
- 1:32let
- 1:32me
- 1:32break
- 1:32this
- 1:32down
- 1:33quickly.
- 1:33Number
- 1:34one,
- 1:34do
- 1:34I
- 1:34think
- 1:34that
- 1:34gamification
- 1:35is
- 1:35going
- 1:35to
- 1:35get
- 1:36people
- 1:36over
- 1:36the
- 1:36hump?
- 1:37That's
- 1:37a
- 1:38stretch
- 1:38for
- 1:38me.
- 1:38I
- 1:39think
- 1:39that
- 1:39once
- 1:40they
- 1:40use
- 1:40it,
- 1:42then
- 1:42yes,
- 1:42you
- 1:43still
- 1:43got
- 1:43to
- 1:43get.
- 1:43People
- 1:43to
- 1:43use
- 1:43it.
- 1:43I
- 1:44think,
- 1:44like,
- 1:44like
- 1:44we
- 1:45talked
- 1:45to
- 1:45David
- 1:45about
- 1:45yesterday,
- 1:46like,
- 1:47yes,
- 1:47if
- 1:47you
- 1:47can
- 1:47get
- 1:48a
- 1:48streak
- 1:48going,
- 1:49yes,
- 1:49I
- 1:50would
- 1:50start
- 1:50to
- 1:50use
- 1:50the
- 1:51cart
- 1:51more
- 1:51frequently.
- 1:52I
- 1:52mean,
- 1:52all
- 1:52the
- 1:52data
- 1:53that
- 1:53instacarts
- 1:54put
- 1:54together
- 1:54shows
- 1:55that
- 1:55once
- 1:55you
- 1:55start
- 1:56using
- 1:56these
- 1:56carts,
- 1:56you
- 1:56continue
- 1:57to
- 1:57use
- 1:57them.
- 1:57The
- 1:57NPR
- 1:58or
- 1:58NP's
- 1:59score
- 1:59is
- 1:59high.
- 2:00People
- 2:01get
- 2:01value
- 2:01from
- 2:02being
- 2:02served
- 2:02up
- 2:03coupons
- 2:03in
- 2:03real
- 2:03time
- 2:04as
- 2:04they're
- 2:04walking
- 2:04through
- 2:04the
- 2:04store.
- 2:05So
- 2:05I
- 2:06like
- 2:06this
- 2:06idea.
- 2:07I
- 2:07still
- 2:07think
- 2:07that
- 2:08from
- 2:08the
- 2:08retailers
- 2:09that
- 2:09we
- 2:09talked
- 2:09to
- 2:09that
- 2:09are
- 2:10using
- 2:10them,
- 2:10it's
- 2:10still
- 2:11getting
- 2:11people
- 2:11to
- 2:12use
- 2:12them.
- 2:12So
- 2:13that's
- 2:13number
- 2:13one.
- 2:14Right.
- 2:15I
- 2:15think
- 2:16that
- 2:16it
- 2:16will
- 2:16enhance
- 2:17the
- 2:17grocery
- 2:17shopping
- 2:18trip
- 2:18because
- 2:19you're
- 2:19getting
- 2:20money
- 2:21back
- 2:21in
- 2:21real
- 2:22time.
- 2:22It's
- 2:23helping
- 2:23you
- 2:23get
- 2:23through
- 2:23the
- 2:24store.
- 2:24And
- 2:25we
- 2:25both
- 2:25looked
- 2:26at
- 2:26the
- 2:26cart
- 2:26yesterday.
- 2:27I
- 2:27have
- 2:27to
- 2:27say
- 2:28we're
- 2:28going
- 2:28to
- 2:28be
- 2:28on
- 2:29stage
- 2:29later
- 2:29today
- 2:29talking
- 2:30about
- 2:30what
- 2:30our
- 2:30most
- 2:31surprising
- 2:32technology
- 2:33is
- 2:33of
- 2:33the
- 2:34show.
- 2:34And
- 2:35the
- 2:35caper
- 2:35cart
- 2:35is
- 2:36one
- 2:36of
- 2:36my
- 2:36most
- 2:36surprising
- 2:37technologies.
- 2:38I've
- 2:38kind
- 2:38of
- 2:38written
- 2:38it
- 2:38off,
- 2:39and
- 2:39now
- 2:39we're
- 2:39looking
- 2:39at
- 2:40it
- 2:40again
- 2:40and
- 2:40seeing
- 2:40the
- 2:40benefits
- 2:41that
- 2:41it's
- 2:41providing.
- 2:42I
- 2:43would
- 2:43say
- 2:43overall,
- 2:44I
- 2:44think
- 2:44that,
- 2:45yes,
- 2:45this
- 2:45is
- 2:45going
- 2:46to
- 2:46be
- 2:46a
- 2:46more
- 2:47joyful
- 2:47shopping
- 2:48experience.
- 2:48Gamification
- 2:49is
- 2:49a
- 2:49cool
- 2:50way
- 2:50to
- 2:50do
- 2:50it.
- 2:50It's
- 2:51still
- 2:51going
- 2:51to
- 2:51take
- 2:52some
- 2:52effort,
- 2:52though,
- 2:52to
- 2:53get
- 2:53mass
- 2:54adoption
- 2:55and
- 2:55scale.
- 2:56What
- 2:56do
- 2:56you
- 2:57think,
- 2:57though?
- 2:57Yeah,
- 2:58the
- 2:58cart's
- 2:58growing
- 2:59on
- 2:59me.
- 2:59It
- 2:59really
- 2:59is.
- 3:00The
- 3:00whole
- 3:00idea.
- 3:00Yeah.
- 3:01And
- 3:01you
- 3:01know
- 3:01what?
- 3:01You
- 3:01know
- 3:01what?
- 3:02One
- 3:02of
- 3:02the
- 3:02most
- 3:02interesting
- 3:03sessions
- 3:03that
- 3:03I
- 3:03sat
- 3:03in
- 3:04was
- 3:04when
- 3:05Pepsi's
- 3:05vp
- 3:05of
- 3:06digital
- 3:06commerce
- 3:06was
- 3:07case
- 3:07studies
- 3:08for
- 3:08the
- 3:08application
- 3:09of
- 3:09retail
- 3:09media
- 3:09in
- 3:10store.
- 3:10And
- 3:10it
- 3:11was
- 3:11funny
- 3:11because
- 3:11the
- 3:11two
- 3:12he
- 3:12singled
- 3:12out
- 3:12were
- 3:13the
- 3:13Sam's
- 3:13club
- 3:14scan
- 3:14and
- 3:14go
- 3:15app
- 3:15and
- 3:15the
- 3:16caper
- 3:16cart.
- 3:16Yeah.
- 3:17And
- 3:17that's
- 3:17because
- 3:17you
- 3:17can
- 3:18actually
- 3:18measure
- 3:18the
- 3:19impact
- 3:19that
- 3:19both
- 3:19of
- 3:19those
- 3:20are
- 3:20having.
- 3:20So
- 3:21they're
- 3:21both
- 3:21a
- 3:21great
- 3:21conduit
- 3:22to
- 3:23achieve
- 3:23what
- 3:23you're
- 3:23trying
- 3:23to
- 3:24achieve,
- 3:24which
- 3:24is
- 3:24the
- 3:24personalized
- 3:25physical
- 3:25shopping
- 3:25experience.
- 3:26Right.
- 3:26But
- 3:26so
- 3:27the
- 3:27question
- 3:27to
- 3:27me
- 3:27still
- 3:27comes
- 3:28down
- 3:28to,
- 3:28and
- 3:28this
- 3:28is
- 3:28why
- 3:29it's
- 3:29great,
- 3:29because
- 3:29it's
- 3:29like,
- 3:29let's
- 3:30take
- 3:30the
- 3:30Pepsi
- 3:30challenge
- 3:31literally
- 3:31on
- 3:31which
- 3:32one
- 3:32of
- 3:32these
- 3:32ideas
- 3:32is
- 3:33best.
- 3:33Right?
- 3:34Sam's
- 3:34club
- 3:34sees
- 3:3430%
- 3:35adoption
- 3:35on
- 3:36scanning.
- 3:36Go.
- 3:36Like
- 3:36I
- 3:36said
- 3:37before,
- 3:37Capercart's
- 3:38adoption
- 3:39is
- 3:39growing,
- 3:40but
- 3:40it's
- 3:41still
- 3:41not
- 3:41at
- 3:41that
- 3:41level.
- 3:42David
- 3:42McIntosh
- 3:42said,
- 3:42what?
- 3:43In
- 3:43their
- 3:43best
- 3:43store,
- 3:4410%
- 3:44of
- 3:45transactions
- 3:45are
- 3:46going
- 3:46through
- 3:46the
- 3:46capercart.
- 3:47So
- 3:48my
- 3:48thought
- 3:48exercise
- 3:49is,
- 3:49you
- 3:49know,
- 3:50why
- 3:50doesn't
- 3:51a
- 3:51grocer
- 3:52have
- 3:52the
- 3:53guts
- 3:53to
- 3:53do
- 3:53what
- 3:53Sam's
- 3:54club
- 3:54is
- 3:54doing
- 3:54and
- 3:55go
- 3:55all
- 3:55in
- 3:55on
- 3:55the
- 3:55cart?
- 3:56Like,
- 3:57you
- 3:57could
- 3:57force
- 3:58the
- 3:58customers
- 3:58to
- 3:58use
- 3:59the
- 3:59cart.
- 3:59They
- 3:59could
- 3:59still
- 3:59use
- 4:00the
- 4:00cart.
- 4:00It's
- 4:00still
- 4:00a
- 4:01cart.
- 4:01Right?
- 4:02They
- 4:02don't
- 4:02have
- 4:02to
- 4:03use
- 4:03the
- 4:03screen
- 4:04if
- 4:04they
- 4:04don't
- 4:04want
- 4:04to.
- 4:04They
- 4:05can
- 4:05choose
- 4:05to.
- 4:06But
- 4:06I
- 4:06wonder
- 4:06if
- 4:06there
- 4:06are
- 4:07other
- 4:07fundamental
- 4:07things
- 4:08that
- 4:08are
- 4:08preventing
- 4:08grocers
- 4:09from
- 4:09taking
- 4:09that
- 4:09approach.
- 4:09It's
- 4:10an
- 4:10expensive
- 4:10cart.
- 4:11It's
- 4:11an
- 4:11expensive
- 4:11cart.
- 4:12You
- 4:12got
- 4:12to
- 4:12recharge
- 4:13the
- 4:13cart.
- 4:13You
- 4:14got
- 4:14it.
- 4:14There's
- 4:14nowhere
- 4:15to
- 4:15put
- 4:15a
- 4:15kid
- 4:15in
- 4:15the
- 4:15cart
- 4:16necessarily.
- 4:17Without
- 4:17an
- 4:17add
- 4:17on,
- 4:18there's
- 4:18no
- 4:18place
- 4:18to
- 4:18put
- 4:19the
- 4:19water
- 4:19bottles
- 4:19as
- 4:20well.
- 4:20The
- 4:20business
- 4:20model
- 4:21comes
- 4:21into
- 4:21play
- 4:21in
- 4:22terms
- 4:22of
- 4:22how
- 4:22instacarts
- 4:23work
- 4:23with
- 4:23the
- 4:23groceries,
- 4:23too.
- 4:24So
- 4:24there's
- 4:24all
- 4:24these
- 4:25factors,
- 4:25but
- 4:26I'm
- 4:26waiting
- 4:26for
- 4:26the
- 4:26day
- 4:27where
- 4:27someone
- 4:27gets
- 4:27as
- 4:28auditions
- 4:28at
- 4:28Sam's
- 4:28club
- 4:29and
- 4:29says,
- 4:29let's
- 4:29take
- 4:30this
- 4:30Pepsi
- 4:30challenge
- 4:31and
- 4:31see
- 4:31what
- 4:32happens
- 4:32here.
- 4:32Because
- 4:32I
- 4:32think,
- 4:33to
- 4:33your
- 4:33point,
- 4:33if
- 4:33people
- 4:34use
- 4:34it,
- 4:34yeah.
- 4:35They
- 4:35really
- 4:35like
- 4:35it.
- 4:36So
- 4:36let's
- 4:36get
- 4:36people
- 4:36using
- 4:37it.
- 4:37More
- 4:37people
- 4:38like
- 4:38it.
- 4:38They
- 4:38use
- 4:39it.
- 4:39The
- 4:39retail
- 4:40media
- 4:40payoff
- 4:40is
- 4:41there.
- 4:4140%
- 4:41of
- 4:42people
- 4:42are
- 4:42using
- 4:43the
- 4:43digital
- 4:43coupons
- 4:44from
- 4:44the
- 4:44cart
- 4:45that
- 4:45weren't
- 4:45before.
- 4:45Like,
- 4:46there's
- 4:46clearly
- 4:47an
- 4:47ROI
- 4:48there.
- 4:48It's
- 4:48just,
- 4:49how
- 4:49do
- 4:49you
- 4:49get
- 4:49the
- 4:49upfront
- 4:50capital
- 4:50to
- 4:50support
- 4:50it?
- 4:51And,
- 4:51and
- 4:51which
- 4:51grocer
- 4:52out
- 4:52there
- 4:52of
- 4:52all
- 4:52of
- 4:53you
- 4:53in
- 4:53grocery
- 4:54shop
- 4:54land
- 4:54are
- 4:54going
- 4:54to
- 4:55try
- 4:55it
- 4:55first?
- 4:55Chris
- 4:56dares
- 4:56you.
- 4:57I
- 4:57dare
- 4:57you.
- 4:57Yes.
- 4:57Right.